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Greystone, MONTICELLOAM JV on Healthcare Lines of Business
Greystone and MONTICELLOAM, LLC will combine their senior housing and healthcare lines of business under a new joint venture. The JV intends to provide services and capital solutions for the skilled nursing, assisted living, and senior housing sectors.
The JV expects to offer the following to owners and operators of senior housing and healthcare facilities:
- First mortgage floating rate bridge loans;
- Fixed-rate conventional term loans;
- FHA, Fannie Mae and Freddie Mac permanent financing;
- Mezzanine and preferred equity products;
- Tax-exempt bond financing;
- Equity capital;
- Accounts Receivable and working capital lines of credit;
- Loan servicing and asset management;
- Troubled asset advisory/workout services; and
- Healthcare operational consulting
“MONTICELLOAM and Greystone each have a long history of providing for the needs of senior housing and healthcare owners and operators,” said Stephen Rosenberg, CEO of Greystone. “Together, we will be even better positioned to meet all of the needs of our clients.”
- ◦Financing